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Opinions Brent Cook
Glass Earth GoldGEL.VTOP PICKMar 07, 2012
New Zealand. They have a large deposit and are finding some high-grade veins. Just started drilling on another project and if they drill deeper he feels they will find good values at depth.
Brent CookOwned
$0.37
Stock price when the opinion was issued
precious metals
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COMMENT
Good, well run company. Exploring in New Zealand. He got interested with the WK project, which is in a joint venture with Newmont adjacent to Newmont’s 11 million ounce Martha deposit. In production, but they need more ore. The guys in WKP have found a massive geothermal, hydrothermal, epithermal system and are getting very good mineralization. Thinks that Newmont needs to see good continuous high-grade veins that they can start focusing on.
Brent CookOwned
precious metals
BUY
It is a good entry point. It’s a big system. A find from 2009 is funding their G&A and some of their exploration costs so there wont be as much shareholder dilution. They could be a take-out target at some point.
Brent CookOwned
precious metals
